We have partnered with Envestnet® to deliver top portfolio management consulting, technology, and back-office administration. Envestnet® serves over $70 billion1 in assets under management, administration and license based arrangements. Through Envestnet®, we gain on your behalf access to more than 500 separately managed account portfolios and solutions including mutual funds, ETFs, and alternative investments.
The asset management firms that are selected on your behalf are more than just money managers. They provide deep perspective and insight into capital markets and the economy. You benefit from their thoughtful commentary and the portfolios they manage.
Your securities will be held with Pershing®, LLC, a wholly-owned subsidiary of The Bank of New York Mellon Corporation, under a fully-disclosed clearing arrangement with our introducing broker-dealer affiliate, Exos Securities, LLC. Pershing® has been established for more than 70 years and is the leading independent custodian with over $675 billion2 in assets held in custody with SIPC and Excess SIPC coverage. The Bank of New York is the largest clearing bank in the world, with over $20 trillion2 in assets under custody and administration.
1 As of December 31, 2008.
2 As of June 30, 2009.